5Paisa Vs SBI Cap Securities: Comparing the Biggest Share Brokers of India
A 5Paisa and SBI Cap Securities comparison was necessary to get traders into making a better decision about the one broker which they will choose between the two. Stock trading is in itself a big task and choosing the right stock broker can prove to be eternally helpful in the process.
SBI Cap Securities is an extension of State Bank Group.
SBI Cap Securities Ltd, also known with its abbreviation SSL, is a hundred percent junior of SBI capital markets. SBI Cap Securities was initialised in 2006 and offers multiple services including depository services, brokering services, retail equity, derivatives, and institution equity among others.
Traders and investors are also provided with the ability to indulge in online trading.
With SBI Cap Securities, NRIs or Non-Residential Indians can also indulge in online investment in mutual funds, NCDs, derivatives, equity, and much more. Many loans are also offered by SBI Cap Securities.
5Paisa is a discount broker that is based in Mumbai, India.
Part of the India Infoline group, 5Paisa enjoys a great position on the list of India’s biggest and best discount stock brokers, standing at a remarkable position of number two.
The brokerage rates offered by 5Paisa are very competitive and thus they have been able to mark their impression in spite of the little time they have been in business.
Here are some of the aspects which have been taken into consideration while doing this 5paisa vs SBI Cap Securities comparison:
- Basic details
- Products offered
- Services offered
- Leverage or exposure
- Research & advisory
- Brokerage plans brokerage fees & charges
- Other necessary & related charges
- Ratings by customers
- Trading platforms on which they are available
Let us get to the comparison tables.
5Paisa vs SBI Cap Securities Basic Details
Both 5Paisa and SBI Cap Securities have their headquarters located in Mumbai in India. They are both public companies. However, while these points of similarities cannot be overlooked, there are points of distinction as well.
While 5Paisa was founded in the year 2007, SBI Cap Securities was founded way before in 1986. Also, SBI Cap Securities is a full service broker but 5Paisa is a discount broker.
| 5Paisa | SBI Cap Securities | |
| Year of Establishment | 2007 | 1986 |
| Founder Name | Mr Rajamani Venkataraman & Mr Nirmal Jain | Ms Varsha Purandare |
| Type of broker | Discount broker | Full service |
| Location of Headquarters | Mumbai, Maharashtra | Mumbai, India |
| Type of Company | Public | Public |
5Paisa vs SBI Cap Securities Comparison of Demat Account
The charges pressed by 5Paisa to open a demat account with them rupees 650. In case of SBI Cap Securities, the charges are rupees 500. However, while the margin money in case of 5Paisa is zero, with SBI Cap Securities the Margin is rupees 25,000.
They both charge an amount of rupees 400 every year for maintaining a demat account.
| 5Paisa | SBI Cap Securities | |
| Charges for account opening | Rupees 650 | Rupees 500 |
| Charges for trading AMC | Rupees 0 | Rupees 0 |
| Offline to online services | NA | NA |
| Depository source | CDSL | NSDL & CDSL |
| Charges for Demat account | Rupees 400 every years | Rupees 400 every year |
| Margin money | Rupees 0 | Rupees 25,000 |
5Paisa vs SBI Cap Securities Comparison of Offers
While 5Paisa gives its customers the option to avail offers such as free trading account and providing discount on brokerage, SBI Cap Securities does not offer any of the offers written in the table below.
| 5Paisa | SBI Cap Securities | |
| Free trading account | YES | NA |
| Trading happy hours | NA | NA |
| Brokerage free for 1st month | NA | NA |
| Referral offers | NA | NA |
| Free demat account | NA | NA |
| Discount on brokerage | YES | NA |
| Flexible brokerage plans | NA | NA |
| Holiday offers | NA | NA |
| No brokerage for traders incurring loss | NA | NA |
5Paisa vs SBI Cap Securities Comparison of Advisory and Research
Every trader, professional or amateur needs the help of experts to sail through sometimes. 5Paisa and SBI Cap Securities are two of those stock brokers that are always there to help their customers sail in the sea of multitude of stocks and trades.
| 5Paisa | SBI Cap Securities | |
| Research Reports | NA | YES |
| Annual Reports | NA | YES |
| Free Stock Tips | NA | NA |
| Top Picks | YES | YES |
| Monthly Reports | NA | YES |
| Offline Advisory | NA | YES |
| Fundamental Reports | NA | YES |
| Company Reports | NA | YES |
| Company Stock Review | NA | YES |
| IPO reports | NA | YES |
| Daily Market Review | NA | NA |
| Weekly Reports | NA | YES |
| Relationship Manager | NA | YES |
5Paisa vs SBI Cap Securities Comparison of Products
Options, equity trading, currency trading, and futures are the products that are provided by both 5Paisa and SBI Cap Securities. However, none of the two stock brokers give their customers the possibility of commodity trading.
| 5Paisa | SBI Cap Securities | |
| Commodity trading | NA | NA |
| Options | YES | YES |
| Mutual funds | NA | YES |
| Banking | NA | YES |
| Insurance | NA | YES |
| Equity trading | YES | YES |
| Currency trading | YES | YES |
| Futures | YES | YES |
| Forex | NA | YES |
| SIP | NA | YES |
5Paisa vs SBI Cap Securities Comparison of Customer Support Services
A high quality customer support is what keeps the traders from switching their stock broker especially when things take a hard turn. 24 hours customer support, email support, and online trading are supported by both of the stock brokers. While the number of customer care branches of SBI Cap Securities are 225 spread throughout the country, 5Paisa has none.
| 5Paisa | SBI Cap Securities | |
| Offline trading | NA | YES |
| 24 / 7 support | YES | YES |
| Email support | YES | YES |
| Number of branches | zero | 225 |
| Dedicated dealer | NA | YES |
| Online trading | YES | YES |
| Chat support | NA | NA |
5Paisa vs SBI Cap Securities Comparison of Ratings
| 5Paisa | SBI Cap Securities | |
| Services & Products | 6.0 / 10 | 5.4 / 10 |
| Stock Advisory & Research | 4.0 / 10 | 5.0 / 10 |
| Experience ratings | 4.0 / 10 | 6.0 / 10 |
| Brokerage fees & charges | 9.8 / 10 | 5.0 / 10 |
| Trading platforms performance | 7.0 / 10 | 6.0 / 10 |
| Total ratings | 6.2 / 10 | 5.4 / 10 |
5Paisa vs SBI Cap Securities Comparison of Brokerage Fees & Charges
Brokerage fees are a basic charge that the broker takes from the trader for every placed order or lot. While 5Paisa has fixed the amount to rupees 10 for every order, SBI Cap Securities has different percentages per order which vary depending upon the case.
| 5Paisa | SBI Cap Securities | |
| Equity Intraday Trading | Rupees 10 for every order | 0.08% |
| Equity Futures Trading | Rupees 10 for every order | 0.03% – 0.05% |
| Currency futures Trading | Rupees 10 for every order | 0.02% |
| Minimum brokerage | Rupees 10 for every order | Rupees 10 for every order |
| Charges for trading AMC | Rupees 0 | Rupees 0 |
| Equity delivery Trading | Rupees 10 for every order | 0.50% |
| Commodity options Trading | NA | NA |
| Equity options Trading | Rupees 10 for every order | Rupees 50 for every order |
| Currency options Trading | Rupees 10 for every order | Rupees 20 for every order |
| Charges Demat AMC | Rupees 400 every year | Rupees 400 every year |
| Margin Money | Rupees 0 | Rupees 25,000 |
| Calculator for brokerage calculation | 5Paisa Brokerage calculator | SBI Cap Securities brokerage calculator |
5Paisa vs SBI Cap Securities Comparison of Other Charges
Other unavoidable charges such as GST, SEBI turnover charges, STT, transactional charges, and stamp duty charges are to be incurred by the trader.
| 5Paisa | SBI Cap Securities | |
| STT | 0.0126% / entire turnover | 0.0126% / entire turnover |
| Stamp Duty | Minimal & varies depending upon the state | Minimal & varies depending upon the state |
| Transactional Charges | 0.00325% / entire turnover | 0.00384% / entire turnover |
| SEBI Turnover Charges | 0.0002% / entire turnover | 0.0002% / entire turnover |
| GST | 18% / (transactional charges + brokerage fees) | 18% / (transactional charges + brokerage fees) |
5Paisa vs SBI Cap Securities Comparison of Services
5Paisa and SBI Cap Securities comparison are also about similarities and they are similar in providing trading services, intraday services, Demat services, and IPO services.
While 5paisa gives a trading exposure of up to 35 times, SBI Cap Securities offers a trading exposure of up to 12 times.
| 5Paisa | SBI Cap Securities | |
| Trading Services | YES | YES |
| Intraday services | YES | YES |
| Stock recommendations | NA | YES |
| PMS | NA | YES |
| Trading exposure | Up to 35 times | Up to 12 times |
| Demat services | YES | YES |
| 3 in 1 account | NA | YES |
| IPO services | YES | YES |
| Robo advisory | YES | NA |
| Trading institution | NA | NA |
5Paisa vs SBI Cap Securities Comparison of Leverage and Exposure
| 5Paisa | SBI Cap Securities | |
| Equity Intraday | Up to 35 times | Up to 12 times |
| Equity Options | Up to 12 times | Up to 8 times |
| Currency Options | Up to 10 times | Up to 6 times |
| Equity Delivery | Up to 5 times | Up to 8 times |
| Equity Futures | Up to 8 times | Up to 8 times |
| Currency Futures | Up to 6 times | Up to 5 times |
| commodities | Up to 10 times | NA |
5Paisa vs SBI Cap Securities Comparison of Trading Platforms
This 5Paisa vs SBI Cap Securities gives us a view that both the stock brokers are easily available on multiple platforms. The most trending ones have their presence.
| 5Paisa | SBI Cap Securities | |
| Desktop platform – mac | YES | YES |
| Mobile site platform | YES | YES |
| iOS app platform | YES | YES |
| Other mobile platforms (OS) | NA | NA |
| Portfolio details | YES | YES |
| News flash | YES | NA |
| Easy installation | YES | YES |
| Stock tips | YES | YES |
| Interactive charts | YES | YES |
| SMS alerts | YES | YES |
| Multi account management | YES | YES |
| Desktop platform – windows | YES | YES |
| Desktop browser – platform | YES | YES |
| Android app platform | YES | YES |
| Windows app platform | NA | NA |
| Real time updates | YES | YES |
| Online MF buy | YES | YES |
| Research reports | YES | YES |
| Global indices | YES | NA |
| Personalized advisory | YES | YES |
| Live markets | YES | YES |
| Email alerts | YES | YES |
Conclusion
This post is a clear and distinct comparison of 5paisa and SBI Cap Securities to make it easier for traders to choose amongst the two stock broking companies.
There are some very obvious lines of distinction between 5Paisa and SBI Cap Securities, while at other lines, the distinction can hardly be felt.
This 5Paisa vs SBI Cap Securities comparison provides insight into the pros, cons, working, and functioning of both the stock brokers in question. At the same time, we also get a clearer view of their packages, platforms as well as products and services offered.
Both 5Paisa and SBI Cap Securities are mega stock brokers of India and thus traders face a hard time trying to figure out which one to go with.
This comparison between 5Paisa and SBI Cap Securities is just another way to extend our help to traders for them to figure out which stock broker of the two suits their trading needs and wants better than the other.
Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years.
I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.